GTAS ... What’s New! July 29, 2011 

Volume 1, Issue 4 

Financial Management Service, Governmentwide Accounting 

New GTAS Edits 

With the 

implementation of 

GTAS, the 

Intragovernmental 

Fiduciary 

Confirmation System 

(IFCS) will be retired. 

IFCS is the term used 

in the 2-4700 TFM and 

was a system that 

confirmed fiduciary 

balances between 

agencies. In a 

ctivity, the 

Government is 

investing and 

managing assets in 

which non-Federal 

individuals or entities 

have an ownership 

interest that the 

Government must 

uphold. 

fiduciary a

In order to bring the 

functionality of IFCS 

over to GTAS, special 

edits will be created in 

GTAS that will use 

authoritative data 

from two fiduciary 

program agencies. The 

programs Bureau of 

the Public Debt (BPD) 

and Federal Financing 

Bank (FFB) will be 

able to submit their 

information to GTAS a 

week before the 

reporting window 

opens. GTAS will 

provide fiduciary 

reports to agencies so 

the agencies will be 

able to reconcile their 

amounts before they

submit their bulk files. 

BPD and FFB will act 

as authoritative data 

the same way that the 

Central Accounting 

Reporting System 

(CARS) acts as 

authoritative data in 

current UCAD edits. 

This new functionality 

has created several 

edits that will match 

up every agency’s 

intragovernmental 

fiduciary transactions 

to the two fiduciary 

program agencies. The 

two programs will 

submit their 

Interest/Loan 

Receivables, as well as 

their Interest Revenue, 

and agencies will have 

to match their 

reciprocal transaction 

amounts to these three 

categories. BPD will 

also post any other 

transactions that have 

to deal with Accrued 

Interest, Liability and 

Expenses and again 

agencies will have to 

reconcile their 

amounts to these 

sections. The new 

edits will be nonfatal 

with the 

implementation of 

GTAS, and will 

eventually make the 

transition to fatal edits 

once agencies become 

use to the edits.

In this issue 

• New GTAS Edits 

• “C” TAS update 

• Budget 

Impact/Program 

Indicator 

• GTAS Member 

Profile 

Individual Highlights 

New GTAS Edits 1 

Updated requirements for 

reporting assets in the ‘C” 

TAS. 2 

Appt. Cat. B Codes will 

change from a 2-digit format 

to a 4-digit format 2 

Budget Impact/Program 

Indicators will be collected 

in GTAS 2 

Team Member Profile 2 
2 TYPE TITLE HERE

 “C” TAS Update 

Budget Impact & Program Indicators Attributes 

GTAS Team Member Profile 

The GTAS Team has 

withdrawn the proposal 

that assets must remain 

in the original account 

until canceled and then 

transferred to the C TAS. 

We are keeping the C 

TAS but changing the 

requirements for using it. 

The Budget Impact 

Indicator Attribute 

and Program Indicator 

Attributes will be 

collected in GTAS. 

Currently, the 

attributes are included 

on the Proprietary 

Account Reporting 

Table but are not 

required to be 

submitted for FACTS I 

reporting. 

The attributes will be 

collected in GTAS to 

facilitate the 

preparation of 

automated Statement 

of Changes in Net 

Position and 

Statement of Net Cost 

statements for agency 

reporting. 

The Budget Indicator 

attribute indicates 

whether financing 

sources and 

nonexchange revenue 

have an impact on the 

budget. The Program 

Indicator distinguishes 

between the amount of 

cost or revenue directly 

or indirectly traceable 

to programs. 

The attributes apply to 

the Statement of 

Changes in Net 

Position and 

Statement of Net Cost 

Crosswalks, 

respectively. 

Nikcola Yorkshire is an 

invaluable member of the 

GTAS Team. For the 

past 11 years, she has 

been a FACTS II and 

Combined Statement 

team member in the 

Budget Reports Division. 

Currently, she is working 

extensively on the Edits 

and Validations files, 

which are on the GTAS 

website for reporting 

guidance. Nikcola is an 

avid GTAS instructor, 

who has instructed GTAS 

classes, participated in 

Webinar presentations, 

and site visits for 

agencies. Because of her 

in-depth

knowledge of GTAS, she 

is a “go-to” person when 

you need help with GTAS 

related activities. 

Nikcola is from the DC 

Metro area and holds a 

Bachelors degree in 

Accounting and a 

Masters degree in 

Management Information 

Systems. 

GTAS will establish a 

default “C” TAS. The 

system generated C TAS 

will have three 

components: the three 

digit agency identifier, 

availability type “C” and 

a four digit main account. 

The GTAS system will 

provide a “C” TAS on the 

GTAS Super Master 

Account File for each 

fund family represented 

on the SMAF. Agencies 

may choose one or more 

‘C” TAS on the SMAF to 

report assets. 

 

If you are currently using 

a default fund symbol of 

your own creation, you 

must use the new "C" 

account in its place. 

However, if you are using 

a current year fund 

symbol or an "X" fund or

some other variation of a 

real account, you may 

continue. You may also 

decide on your own when 

to move these assets from 

the original purchasing 

fund. 

Exciting news: The GTAS 

Team will be offering more 

GTAS Training classes next 

year. We don’t have the 

dates yet but look for an 

email notice with the 

dates and how to register 

sometime in December 

2011. Make sure you 

register when the email is 

sent out because the 

classes fill very fast. We are 

looking forward to seeing 

you in 2012!